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New York, April 12, 2016 – Deloitte announced today that it has developed a SolutionPrintTM for Cloud Financial Analytics, based on Oracle Planning and Budgeting Cloud Service. The SolutionPrint is designed to provide companies with process models and solution artifacts for creating a virtually seamless, cloud-based enterprise performance management solution. The SolutionPrintTM can enable our clients to rapidly deploy Oracle Planning and Budgeting Cloud Service and integrate data from multiple sources. Available as part of the Deloitte Transition Lab for Oracle Cloud, the SolutionPrint for Cloud Financial Analytics is an extension of Deloitte’s ongoing commitment to helping its clients realize more value from their Oracle investments by making fast and effective use of the Oracle Cloud offerings.

The SolutionPrint for Cloud Financial Analytics offers access to the enhanced capabilities within Oracle Planning and Budgeting Cloud Service as well as an accelerated path to deploying them. Anticipated benefits of the offering include increased visibility into financial information, and advanced business scenario modeling and management reporting. Deloitte has also developed two industry-specific versions of SolutionPrintTM for Cloud Financial Analytics focused on state and local governments; and retailers. The focused-industry versions can help clients further accelerate the path to value.

“As companies increasingly adopt cloud-based systems for finance, the logical progression is to consider how they will integrate the information needed to run their businesses in the cloud,” observed Jeffrey Davis, principal, Deloitte Consulting LLP, and global Oracle leader. “Our SolutionPrintsTM for Cloud Financial Analytics, along with our Cloud Transition Lab, helps them to think through their information requirements and to understand how a cloud-based management reporting solution can be used to enhance performance, improve cash flow, facilitate more accurate forecasting, and better manage risk. It’s a natural extension of our substantial, ongoing investments in supporting the Oracle Cloud market and in meeting our clients’ needs for greater clarity around how to generate business value with the cloud. Our clients run their businesses with Oracle Cloud solutions, and now they can manage their businesses with them as well.”

“Deloitte and Oracle are committed to assisting customers in their journey to transform their businesses to the cloud with best practices and innovative solutions that keep pace with change,” commented Shawn Price, senior vice president, Oracle Cloud. “This offering continues to expand upon Deloitte’s thought leadership in cloud technology services. It enables organizations to quickly adopt world-class planning and budgeting applications and drive functionality beyond finance across the enterprise with Oracle Planning and Budgeting Cloud Service.”

About Deloitte’s Transition Lab for Oracle Cloud

Deloitte’s Transition Lab for Oracle Cloud is a customized working session for CIOs, CFOs, finance controllers and line of business resources set in a structured environment. The intent of the lab is to help attendees develop an awareness and common understanding of cloud; define a cloud deployment strategy by examining the business value and transformation opportunities; and discuss the tactical plan to execute on the strategy. In addition to the SolutionPrint for Cloud Financial Analytics, the lab also features the findings of an in-depth assessment of the ERP cloud marketplace.

About Deloitte’s Global Oracle Alliance

In February 2016, Deloitte became the first member of the Oracle PartnerNetwork (OPN) to earn Global Cloud Elite Status in Oracle’s new cloud program. Deloitte also earned top honors in the 2015 Oracle Excellence Awards for Cloud Transformation Global Partner of the Year. The award recognizes innovation through cloud technology, acknowledging Deloitte’s impact in the market and the importance of global partner relationships. Additionally, Deloitte is a Diamond-level member of OPN and has worked with Oracle for more than two decades. Deloitte Touche Tohmatsu Limited member firms throughout the world provide access to over 14,500 professionals who collectively possess deep industry and functional knowledge across Oracle’s full line of applications and technology. Reflecting its commitment to client satisfaction, Deloitte has been consistently recognized by analysts as a leader in Oracle implementation-related services.

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About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients. Please see www.deloitte.com/about for a more detailed description of DTTL and its member firms.

Deloitte provides audit, consulting, financial advisory, risk management, tax and related services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte's more than 225,000 professionals are committed to making an impact that matters. Deloitte serves 4 out of 5 Fortune Global 500® companies, please connect with DTTL on Facebook, LinkedIn, or Twitter.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. Please see www.deloitte.com/about for a detailed description of DTTL and its member firms.